Recognizing Revenue for VSOE Bundles

When you enter a transaction that either is a transaction bundle or includes an item group bundle, NetSuite determines the vendor-specific objective evidence (VSOE) amount for each line item to be recognized and when this amount should be recognized.

NetSuite makes these determinations based on the settings and status of all VSOE items on a transaction. The VSOE settings of a single item can affect all items on the transaction. See Setting Up VSOE on an Item Record for more information on these settings that affect allocation and recognition, such as VSOE pricing and delivery specifications.

For details about recognizing revenue for VSOE bundles, see the following:

• Allocating VSOE Revenue for a Bundle

• Updating VSOE Allocations and Delivery Status on a Transaction

• Using VSOE on Sales Orders and Invoices

• Updating the VSOE Delivery Status on Items

• Billing a VSOE Transaction

• Using VSOE with Discount Items

• Using VSOE with Markup Items

• Resolving Undetermined VSOE Allocation

• Posting VSOE Revenue to the General Ledger

• Using the Residual Method of Revenue Recognition

Related Topics

Using Revenue Recognition

Using the VSOE Feature

Understanding VSOE Prices and Allocation

Setting Up the VSOE Feature

Creating VSOE Bundles

VSOE Revenue Recognition Examples

General Notices